Investment Opportunity "On The Wave" In The Kastelo Area!
12 Beds
12 Baths
4,629 Sqft
2,907 Sqft lot
Updated: August 18
1
About the Property
The Selection: The Waterfront Portfolio Asset | Kastelo, Chios (Ref: 5578) Positioned exactly 10 meters from the waterline in the elite Kastelo district, this 430 sq.m. standalone complex is a textbook example of high-yield strategic acquisition. This is not just a building; it is a meticulously engineered income engine designed for the investor who prioritizes frontline location and immediate
The Selection: The Waterfront Portfolio Asset | Kastelo, Chios (Ref: 5578) Positioned exactly 10 meters from the waterline in the elite Kastelo district, this 430 sq.m. standalone complex is a textbook example of high-yield strategic acquisition. This is not just a building; it is a meticulously engineered income engine designed for the investor who prioritizes frontline location and immediate liquidity.
The structure is divided into 12 autonomous, fully furnished units across three levels, providing a scalable solution for either a luxury boutique hospitality concept or a premium long-term residential portfolio. The ground floor spans 135 sq.m., housing four independent units, while the first and second floors (147 sq.m. each) elevate the experience with unobstructed, cinematic views of the Aegean Sea. The configuration is optimized for maximum occupancy and operational efficiency.
Technically, the property is a turnkey asset. Built in 2003 on a 270 sq.m. plot, it features individual electric heating systems, full air conditioning, and aluminum window frames with double glazing and insect screens. The interior is finished with durable tiled flooring and comes fully equipped with all necessary electrical appliances. A dedicated storage unit and a private garden area provide the logistical support required for high-frequency rental management.
In the world of real estate, proximity to the sea is the ultimate currency. Situated just 2.6 km from the city center and 5.6 km from the airport, this building offers the rare combination of seaside tranquility and urban accessibility. It is a ”ready-to-operate” product in a market where beachfront land is increasingly scarce, ensuring both rapid amortization and significant capital appreciation. Price: €800,000.